Aix-en-Provence – INSIDE Secure, a leader in embedded security solutions for mobile and connected devices, announces the appointment of Amedeo D’Angelo as President and Chief Executive Officer, replacing Rémy de Tonnac in this position, effective immediately. Remy de Tonnac will remain on the Management Board as an advisor to the CEO and the Supervisory Board of INSIDE Secure to facilitate the transition. The Supervisory Board took note of the resignation of Pierre Garnier as member of the Management Board of the company and wishes to thank him for his contribution since joining the company in 2012.

Patrick Jones, Chairman of the Supervisory Board of INSIDE Secure, comments: “We are delighted to welcome Amedeo as President and CEO. His outstanding customer experience and impressive achievements in the high-tech, security and payment industries will be valuable assets to take INSIDE Secure to the next level as a leader in embedded security solutions and help value its core potential. I would like to thank Rémy for his remarkable contribution to the development of INSIDE Secure over the last nine years, and particularly, for initiating the necessary transformation of the company.”

Prior to joining INSIDE Secure, Amedeo D’Angelo spent a large part of his career at executive positions in high-tech companies. In particular, he spent more than 20 years of his career in the field of security and payment, an experience which will be crucial to execute INSIDE Secure strategy.

Amedeo dedicated the first 12 years of his career in the field of semiconductors at AMD (Advanced Micro Devices), and then as the head of Samsung's European operations. He has held top management positions in leading global companies including Gemplus Cards International, now Gemalto, as President. He was also the founder and CEO of Incard, an Italian company developing chip card, software applications and security products to serve the banking, telecom and the identity markets, He then was founder and Chairman of Y Generation, which developed a mobile payment platform for the Italian bank card issuers and acquirers. Amedeo also served as Chief Operating Officer at Oberthur Card Systems, developing security software and solutions for payment and telecom markets. Amedeo has also been CEO of Ingenico, a global leader in secure transactions and payment systems, at a moment when it was necessary to implement a structural strategic change, succeeding to position the company back to profitability and to position it as the industry leader. He is and will maintain the position of non-executive Chairman of Linxens, a world leader in the design and manufacture of connectors and contactless inlays for smart cards and secure documents.

Financial Calendar

INSIDE Secure will report its third-quarter 2015 revenue on October 30, 2015 before market opens and will hold a conference call at that same day.